Purity may be expressed as fineness, percentage, or gold karats. Converting between them prevents confusion when comparing bullion, jewelry, and historic coins.
| Fineness | Percentage | Gold Karat Equivalent | Common Example |
|---|---|---|---|
| .9999 | 99.99% | 24K (approximately) | Modern gold and silver bullion |
| .999 | 99.9% | 24K (approximately) | Many silver rounds, bars, and coins |
| .958 | 95.8% | 23K | Early silver Britannias |
| .925 | 92.5% | — | Sterling silver |
| .9167 | 91.67% | 22K | Gold Eagles, Krugerrands, Sovereigns |
| .900 | 90% | 21.6K | Historic U.S. gold and silver coins |
| .750 | 75% | 18K | Gold jewelry |
| .585 | 58.5% | 14K | Gold jewelry |
| .417 | 41.7% | 10K | Gold jewelry |
| .400 | 40% | — | 1965–1970 Kennedy half dollars |
| .350 | 35% | — | U.S. wartime nickels |
Fineness states precious-metal parts per thousand. A .999 product is 999 parts precious metal in 1,000, or 99.9%. A .900 coin is 90% precious metal.
The karat system divides gold purity into 24 parts. Divide the karat number by 24 to obtain the gold proportion: 18K is 18/24, or 75% gold.
Multiply gross weight by purity as a decimal. Ten grams of 14K gold at approximately .585 fineness contains about 5.85 grams of gold before refining losses or assay adjustments.
Stamps can be false, worn, altered, or interpreted incorrectly. Plated items may carry confusing marks, and testing must suit the object.
It means 99.99% precious metal, or 9,999 parts in 10,000.
Approximately yes: 22 divided by 24 equals 91.67%.
At equal gross weight it means more precious metal, but total weight, premium, rarity, condition, and demand also affect price.
Purity becomes useful only when paired with accurate weight and a trustworthy identification of the object.